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Posts tagged wall street journal

WSJ: The Forecast This Spring

Mar18
2010
Leave a Comment Written by Shanna

According to a recent article in the Wall Street Journal, the forecast for real estate this spring is not a bleak one:

“After polling builder communities in North Carolina, Virginia, Florida, Texas and California’s Inland Empire, Ticonderoga Securities Analyst Stephen East says the spring home-selling scene is coming along nicely.

‘The season is indeed under way despite being delayed a bit by bad weather,’ he writes in a client note. What’s more, ‘while the market is benefiting from the tax credit, it is also showing distinct signs of normalizing.‘”

To read the rest of the article, click here.

Posted in Market News, Tips and Ideas - Tagged home selling, real estate, selling, spring
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Green Is In?

Mar03
2010
Leave a Comment Written by Shanna

At the annual International Builders’ Conference in January, Wall Street Journal reporter June Fletcher writes about green innovations that continue to pop up in showcases.

As she evaluates different green products and systems, she writes, “Why, I wonder, do I consistently see these products in show houses, but not so much in regular houses?”

The article goes on to describe four specific products featured at the January convection, from spray foam insulation (which is lightweight, highly effective, better at filling small gaps than fiberglass fill or batts) to solar shingles (a lighter, better-looking alternative to solar panels, originally introduced in 2005), insulated concrete forms (around for 20 years!) and structural insulated panels (around since the 1930s yet still rarely adopted, mostly because of retraining that would be required).

To read more of this article, click here.

Posted in Green Living, Tips and Ideas - Tagged eco-friendly, Green Living, home builder, Market News
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Article Tip: When Parents Gift Down Payments

Feb18
2010
1 Comment Written by Shanna

If you are a parent considering gifting a down payment to your children or a child considering accepting a down payment from your parents, you’ll want to check out this recent article from The Wall Street Journal.

Answering questions regarding tax implications for money given from parents to children for home purchases, this quick Q & A provides helpful info for you.

According to the article, “The tax implications differ depending on whether the money is a loan or a gift, according to Chad Bordeaux, a certified public accountant and certified fraud examiner in Lake Wylie, S.C.”

What to Be Aware of: If parents give a child money as a gift of more than $100000, the child has to declare it on his or her tax returns that year. On the other hand, the problem with it being a loan is that mortgage lenders may be reluctant to lend the balance of the purchase price.

For more information, see the original article, “Tax Implications When Parents Gift Down Payment.”

Posted in Market News, Tips and Ideas - Tagged article tip, down payment, family, mortgage, parents, tax
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Founded in 1984, BuyOwner.com® is the leading provider of real estate marketing services. We pioneered the "For Sale by Owner" (FSBO) market, which today represents over 20 percent of all residential real estate transactions.

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